Master Grocer
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Cerberus-Supervalu Deal Near
According to the Wall Street Journal, Cerberus Capital Management in New York is reported to be close to making an agreement to acquire parts of retailer Supervalu. Under a tentative deal, Cerberus, owner of Albertsons LLC, would put in $500 million to get parts of the Minneapolis-based retailer’s asset portfolio. Cerberus would also acquire shareholding in…
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Google Unveils Zavers
Google has unveiled Zavers by Google, a digital coupon product that has been developed to help manufacturers and retailers reward their consumers with relevant coupons. The coupons will be those that fit the interest of the customer with the goal being to increase redemption rates and basket size. Google says the Zavers solution will provide…
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H-E-B Showcases Unique Finds
H-E-B has a launched Primo Picks, a shelf-tag program showcasing unique beverages and foods. According to H-E-B in a statement on the retailer’s website, they have searched the world for a selection of one-of-a-kind items to be Primo Picks, products that are cool, tasty and unique that people may not have tried before or even…
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Groups’ Petition to Wal-Mart on Assault Weapons
A lengthy history of random shootings and recent school shootings has raised public fury and ensured that the gun debate is not about to go away very soon in the U.S. Gun groups are predicting that attempts through Congress to ban sale of assault weapons will fail. The debate and petitions continue. Wal-Mart is set…
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Fitch Confirms SuperValu Risky Rating
Fitch Ratings has confirmed the default ratings given for SuperValu as ‘CCC’ even with some divestitures announced last week that seemed to reduce the retailer’s exposure to many competitive pressures. These were counteracted, however, by deteriorating environment and high debt leverage in its businesses. The ‘CCC’ default rating given implies very high risk. Cerberus Capital…
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Associated Grocers Inc.
Baton Rouge, LA based Associated Grocers Inc. traces its roots to 1950 when it offered independent groceries the retail services they needed. It operated in Oregon, Washington, Hawaii, Guam and Alaska. The company is a retailer’s cooperative distributing merchandise and groceries to about 300 members. The company gives retailers the services, products and tools they…
Filed under: Stores -
Associated Food Stores
Supplying about 500 independently owned retail supermarkets, Associated Food Stores is a cooperative of American retailers. Associated Food Stores was founded in 1940 by then Utah Retail Grocers Association President Donald P. Lloyd, along with 34 Utah retailers. He felt that larger corporate stores would have a negative impact on smaller independent retailers and saw…
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Amber Pharmacy
A member-owner of TopCo, Amber Pharmacy offers specialized pharmacy solutions through its distribution facilities in Chicago, Philadelphia, Dallas and Omaha. The business, though operating as Amber Pharmacy, is in fact called Amber Enterprises Inc. and is owned by the Kaplan family. The Omaha, Nebraska-based company was established in 1989 and presently has pharmacies in Chicago,…
Filed under: Manufacturers